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Private insurance broker Lockton has announced the appointment of Brett Gillmon as head of U.S. property practice, based in Atlanta. Gilmon will leverage his three decades of industry experience to oversee the strategic direction and continued growth of Lockton’s real estate offerings across the United States He will report to Devin Beresheim, Lockton’s head of…
U.S. retirement services company Jackson Financial Inc. has entered into a long-term strategic partnership with global alternative asset manager TPG Inc., with TPG’s investment used to provide initial capital for Jackson’s new Michigan-based captive reinsurance company, Hickory Brooke Reinsurance Company (Hickory Re). The partnership combines Jackson’s annuity product expertise and extensive distribution network with TPG’s…
Carbon Underwriting Limited, a professional independently managed general underwriter, Lloyd’s Syndicate CBN 4747, has appointed Rebecca Ince as its new Chief Operating Officer (COO), effective January 5, 2026. In her new role, Ince will oversee all day-to-day operations at Carbon, including technology, data, operations, compliance and risk teams. She will also play a key role…
InnSure, a not-for-profit climate change-related insurance risk financing company, has launched Creation Labs, its flagship climate innovation incubation platform created in partnership with GreenieRE. InnSure explained that Creation Labs is a launch and development platform that will facilitate the development of new climate risk management products and accelerate their time to market. “By matching insurance…
Chubb, a major US insurance company, has announced the appointment of Jimaan Sané as global head of network growth, effective immediately. In his new role, Sane will be responsible for overseeing the performance and expansion of Chubb’s global network growth strategy. He will also work with the global distribution and underwriting teams to deliver Chubb’s…
Ark Insurance Holdings Limited, the specialist property and casualty re/insurance subsidiary of White Mountains Insurance Group, has renewed Outrigger Re Ltd for a smaller unit to commence operations in 2026, reflecting increased use of traditional quota share reinsurance. Reinsurance Sidecar has a quota share contract with Ark to provide collateralized reinsurance protection for a portion…
Global property and casualty reinsurer RenaissanceRe (RenRe) has appointed Paloma Quiroga Arias as senior vice president (SVP) for client data and analytics. Arias has extensive experience in reinsurance, corporate strategy, research, data analytics and consulting. Prior to joining RenRe, she served as Head of Risk Consulting and Analysis at Swiss Re for nearly three years….
According to USI Insurance Services’ 2026 Commercial Property and Casualty Market Outlook report, the competitive environment will undoubtedly weaken some insulation reinsurers with strong reputations in difficult markets. USI said that as the market changes, the current rates, attachment points and terms that reinsurers strive to maintain are facing significant challenges from a market with…
MS Reinsurance (MS Re), a global reinsurance company headquartered in Switzerland, announced the appointment of Lutz Honstetter as Chief Investment Officer (CIO). In his new role, Honstetter will be responsible for developing the company’s long-term investment strategy. Based in Zurich, he will report directly to MS Re CEO Robert Wiest and will become a member…
The catastrophe bond and related insurance-linked securities (ILS) market broke multiple records in 2025, with 122 huge transactions bringing a record $25.6 billion in new issuance to the market, supported by 15 new market entrants, according to the latest Artemis report. Artemis’ fourth quarter and full year 2025 Cat Bond and related ILS market reports…